05/06/2021 Transactions and Cryptocurrency | Free Online Course | Alison

Mechanics of Cryptocurrency
This module discusses the mechanics of cryptocurrency in much greater detail. We begin by talking
about the difference between pseudonymous and anonymous transactions, which is an essential piece
of information for those interested in the cryptocurrency market. 

We also talk about cryptography, the difference between symmetrical and asymmetrical algorithms and
its application to digital currency. Hashing is another important aspect of cryptocurrency and it is also
covered. We go into detail about blockchain technology, its application to cryptocurrency and its
security. 

Finally, we give you valuable sources to keep in mind if you want to learn more about a specific type of
cryptocurrency for investment or development purposes.

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Fact: By 2 January 2018, Bitcoin was the most purchased type of cryptocurrency purchased
worldwide at £14 1 billion

Notes Reminders Resources Support

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